Goodwater, AL
Population 1,375 · Alabama
About Goodwater, AL
Goodwater is a small community in Alabama with a population of 1,375 residents. The median household income is $36,938 per year, which is below the national average. The median age in Goodwater is 50.2 years.
Housing in Goodwater has a median home value of $81,900 and median monthly rent of $607. Of the 814 total housing units, the majority are owner-occupied, with 332 owner-occupied and 237 renter-occupied units.
The unemployment rate in Goodwater is 9.0% and the poverty rate is 39.6%. 5.0% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
Cost of Living in Goodwater, AL
Compared to national averages, Goodwater has a median household income of $36,938 (51% below the national median of $75,149). Home values average $81,900, which is 67% below the national median. Monthly rent at $607 is 48% below the US average of $1,163. Within Alabama, Goodwater's income is 36% below the state average of $57,952, and home values are 49% below the state median of $159,358.
Why Live in Goodwater, AL?
Goodwater offers affordable housing with a median home value of $81,900, below the US average of $244,900, and rent that’s lower than the national average at $607/month.
Potential considerations include median household income ($36,938) that falls below the national average. However, Goodwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Goodwater has a population of 1,375 with a median age of 50.2 years. Compare Goodwater with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Goodwater
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blue Ridge | 1,375 | $124,875 | $294,500 | Compare |
| Shoal Creek | 1,371 | $165,625 | $787,500 | Compare |
| Cleveland | 1,366 | $69,087 | $165,200 | Compare |
| Clio | 1,393 | $29,781 | $60,400 | Compare |
| Webb | 1,398 | $48,102 | $109,000 | Compare |
| Geraldine | 1,340 | $62,768 | $199,400 | Compare |
| Grant | 1,410 | $88,571 | $222,200 | Compare |
| Mount Vernon | 1,339 | $41,250 | $114,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Goodwater With Other Cities
Frequently Asked Questions about Goodwater
What is the population of Goodwater, AL?
The population of Goodwater, AL is 1,375 according to the latest Census data.
What is the median household income in Goodwater?
The median household income in Goodwater, AL is $36,938 per year.
What is the median home value in Goodwater?
The median home value in Goodwater, AL is $81,900.
What is the average rent in Goodwater?
The median monthly rent in Goodwater, AL is $607.
What is the unemployment rate in Goodwater?
The unemployment rate in Goodwater, AL is 9.0%.